Keywords:accounts receivable, competitiveness, factoring, sales volume, small and medium businesses
Citation: Aleksey Ladanov (2012). Factoring as Means of Improving Competitiveness of Small and Medium Businesses. Russian Journal of Entrepreneurship, 13(4), 30-34. — url: http://bgscience.ru/com/lib/3427
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Abstract:
The article covers the issues related to accounts receivable at small and medium-sized businesses. The option of factoring is discussed with regard to the activities of commercial enterprises. Formulas are provided for calculating the increase in sales volumes by conducting a factoring transaction as a means of increasing market share and improving competitiveness of the business.